Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Ondo Perps+0.033%7-day average +0.057% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.242%+$24 on $10k
Price spread, last 4 days (all we have)−0.619%−$62 · spread now +0.033%, 7d avg +0.057%
Together, before fees−0.376%+ Points / potential airdropOndo Perps: Active · farm board−$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.024% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.057%). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.51740.0100pay 0.0013% / 1h21m 56s$564K$28K5x
ShortBloFin XRP-USDT1.51790.0220get 0.0220% / 8h4h 21m$24.2M$76.2M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Ondo Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$25.2
Price spread: +0.033% → +0.057%
−$2.37
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
$5.83
Costs to cover
0.170%
Break-even
5.4 days
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell BloFin live order book, 12 min ago1.32 bp7.3 bp −$78.5 bp −$8516.0 bp −$1,59830.1 bp −$15.1K
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.51740.000%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5178+0.027%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5176+0.010%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5190+0.105%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5181+0.047%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5186+0.079%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.544%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0043% / S +0.0025%1h1.5180+0.039%$792K200xas long as short
Orderly PERP_XRP_USDC+0.0086%8h1.5184+0.066%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5182+0.053%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5181+0.046%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0097%8h1.5182+0.053%$11K$326K20xas long as short
Nado XRP-PERP+0.0100%1h1.5185+0.069%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5182+0.053%$280.8M$226.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5175+0.004%$38.4M$83.3M100xas long as short
Pacifica XRP+0.0100%1h1.5184+0.069%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5180+0.040%$535.7M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5181+0.046%$347.8M$934.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5179+0.033%$126.3M$875.5M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5174long leg$564K$28K5x
Arcus XRP-USD+0.0100%1h1.5192+0.119%$110K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5174+0.001%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5179+0.033%$370.2M$154.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5178+0.026%$291.3M$901.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5180+0.041%$108.3M$174.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5179+0.033%$268.6M$384.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5180+0.040%$127.0Mas long as short
Variational Omni XRP+0.0100%8h1.5179+0.031%$5.2M$37.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5183+0.057%$661K$108.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5178+0.023%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5192+0.119%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5189+0.099%$44K$452K20xas long as short
Bullet XRP-USD+0.0100%1h1.5182+0.051%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5186+0.081%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5193+0.127%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5182+0.053%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5176+0.011%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5173−0.007%$54.2M$30.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5186+0.080%$473K$55K50xas long as short
Vest XRP-PERP+0.0100%1h1.5184+0.067%$11K10xas long as short
Extended XRP-USD+0.0104%1h1.5176+0.010%$2.0M$6.8M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5193+0.125%$8K$8K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5183+0.059%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0178%1h1.5182+0.053%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5174−0.002%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5188+0.092%$5.6M$47.1M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5183+0.060%$1.3M$7K15xas long as short
BloFin XRP-USDTshort+0.0220%8h1.5179+0.033%$24.2M$76.2M125x
Kalshi KXXRPPERP+0.0313%8h1.5184+0.066%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5193+0.124%$517K$777K10xas long as short
Aftermath Perps XRPUSD+0.0647%1h1.5184+0.067%$2K$15K10xas long as short